CoreWeave Inc. (NASDAQ:CRWV) Given Average Recommendation of “Moderate Buy” by Analysts

CoreWeave Inc. (NASDAQ:CRWV) has received a consensus recommendation of “Moderate Buy” from the thirty-four ratings firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and twenty have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $131.5152.

A number of research firms recently weighed in on CRWV. Evercore reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of CoreWeave in a research note on Wednesday, April 15th. Barclays upped their price objective on shares of CoreWeave from $106.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Jefferies Financial Group upped their price objective on shares of CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $135.00 price objective on shares of CoreWeave in a research note on Friday, May 8th. Finally, BNP Paribas Exane began coverage on shares of CoreWeave in a research note on Tuesday. They issued an “outperform” rating and a $192.00 price objective for the company.

CoreWeave Stock Down 4.4%

Shares of CRWV opened at $119.27 on Wednesday. The firm has a market capitalization of $53.38 billion, a P/E ratio of -38.35 and a beta of 7.14. CoreWeave has a 12-month low of $63.80 and a 12-month high of $187.00. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 3.68. The firm has a fifty day moving average price of $103.51 and a 200-day moving average price of $90.78.

CoreWeave (NASDAQ:CRWV) last issued its earnings results on Thursday, May 7th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.17) by ($0.23). The company had revenue of $2.08 billion for the quarter. CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company’s revenue for the quarter was up 111.6% on a year-over-year basis. During the same period in the prior year, the company earned ($0.60) earnings per share. Equities research analysts expect that CoreWeave will post -4.57 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Jack D. Cogen sold 271,153 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $106.97, for a total value of $29,005,236.41. Following the completion of the sale, the director directly owned 8,769,676 shares of the company’s stock, valued at $938,092,241.72. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nitin Agrawal sold 5,508 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $102.17, for a total transaction of $562,752.36. Following the completion of the sale, the chief financial officer directly owned 193,771 shares of the company’s stock, valued at approximately $19,797,583.07. This trade represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 27,251,625 shares of company stock valued at $3,050,362,770 over the last quarter.

Institutional Trading of CoreWeave

Hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of CoreWeave by 272.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company’s stock valued at $25,000 after buying an additional 251 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of CoreWeave during the third quarter valued at about $27,000. Aspect Partners LLC purchased a new stake in shares of CoreWeave during the third quarter valued at about $28,000. Cullen Frost Bankers Inc. lifted its position in shares of CoreWeave by 45.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company’s stock valued at $28,000 after buying an additional 121 shares during the last quarter. Finally, Greenline Wealth Management LLC purchased a new stake in shares of CoreWeave during the fourth quarter valued at about $28,000.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: BNP Paribas started coverage with bullish views, adding analyst support and helping reinforce the market’s positive stance on CoreWeave’s growth prospects. CoreWeave rises after BNP Paribas starts coverage with bullish views
• Positive Sentiment: CoreWeave announced it is the first AI cloud provider to bring up and fully validate NVIDIA’s Vera Rubin NVL72 system, a milestone that strengthens its AI infrastructure credibility and may help win more enterprise workloads. CoreWeave Completes Industry-First Bring-Up and Validation of NVIDIA Vera Rubin NVL72
• Positive Sentiment: Continued AI sector momentum and heavy call-option buying suggest traders are positioning for more upside in CRWV. CoreWeave Stock Continues To Climb: What’s Driving The Momentum?
• Neutral Sentiment: Some commentary says CoreWeave still screens as a “wait-and-see” setup over the next 12 months, with valuation around a reference value near $138.56, suggesting upside may depend on execution rather than current hype. Buy, Hold, or Sell: Is CoreWeave a Multibagger in the Making, or an AI Infrastructure Debt Trap?
• Negative Sentiment: Recent insider selling by the COO, CFO, and another executive may temper enthusiasm somewhat, even if the amounts were not large enough on their own to drive the stock. CoreWeave (NASDAQ:CRWV) CFO Sells $562,752.36 in Stock

About CoreWeave

CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.

CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.